Fatwa in general refers to legal opinion issued by any Muslim jurist (mufti) relating to certain ruling of Islamic law. In principle, fatwa serves as a means of clarifying any issue that arises in Muslim Society. This reflects that fatwa and mufti are two crucial significant tools of providing legal guidance within the ambit of the Shari’ah gover

Essential hypertension is a multifactorial disease. Many experimental studies have elucidated the role of oxidative stress and atherosclerosis in the pathogenesis of essential hypertension. Apolipoprotein E is a plasma protein that is found to have antioxidant properties, and it also protects against atherosclerosis. Interestingly, the biological f

A domestic contract refers to agreement between persons having family relationship and despite the general rule of contract, that parties in social, domestic and family agreements do not have intention to create legal relations, domestic contracts are legally binding. In the context of family law, domestic contracts normally involves marriage contr

Livability is defined as “quality of life” as experienced by the residents within the city or region. Therefore, the livability and quality of life is more subjective and intangible, as people perceive many different things when they speak of quality of living. While everyone agrees that a high crime rate is undesirable and the air we breathe,

Takaful is a contract whereby the participants commit to contribute an amount on regular basis or in one lump sum in a specified fund to mutually guarantee each other and appoint a body to act as the fund manager. In this contract, Takaful participants have the opportunity to mitigate the possible financial risk that their families might encounter

This study examined the interaction with the Qur’an and self-regulated learning (SRL) as predictors of academic achievement of undergraduate students in Malaysia. A total of 416Islamic Revealed Knowledge and Human Sciences undergraduate students from the International Islamic University Malaysia (IIUM) participated in this study. A questionnaire

There have been many definitions to religious pluralism and religious plurality topped them. In many instances the two terms have been regarded as synonymous and used inter-changeably. This paperwork tries to provide an objective comparison between the two terms grounded on textual and contextual evidences. In depth interviews with several religiou

The study aims to investigate the determinants of working capital management (WCM) on a sample of 57 Malaysian firms in three different scenarios of 2008 global financial crisis, before (2002-2006), during (2007-2008) and after the global financial crisis (2009-2012). Six explanatory variables commonly cited were employed to identify variations in

Despite its accelerating use in the financial market, embedded options receive contradicting opinions with regards to its permissibility based on the Shariah principles. This study will examine the existence of gharar element in the pricing of an embedded options (warrants), especially in the case of mispricing. The Black Scholes Option Pricing Mod

Motivated by the recent outstanding growth of Islamic Capital Market (ICM) in Malaysia, this study aims to investigate the debt financing behaviour of Shariah compliant E50 SMEs in Malaysia covering the existence of target debt, speed of adjustment and factors affecting the adjustment speed to target debt from 2009 to 2013. The Shariah Advisory Cou